Neil Irwin takes an optimist's view toward recent data that show a slowing rate of increase for the price of housing in many parts of the country: "the new data offer hints that a disastrous era for housing may be ending."
Neil Irwin analyzes recent data from the S.&P./Case-Shiller home price index, which "showed prices rose 8.1 percent in 20 major cities in the 12 months ended in June, the lowest rate of increase since 2012."
While some might see some reason for concern in the news that the housing market might be slowing, Irwin makes the point that maybe the new data is a sign that national forces will no longer have such a powerful and irrational influence on the housing market: "Home prices can’t rise faster than incomes forever. So if the trend of the last few months continues, and the rate of price increases continues to come down to earth, it will be a sign that maybe, just maybe, we’ve put this long, horrible boom-bust cycle behind us."
FULL STORY: Why a Slowdown in Housing Prices Is Great News
Institutional Investors Gaining a Larger Footprint in the Housing Market, Report Says
The locations with the fastest growing populations are seeing the most dramatic increase in investor-owned single-family housing rentals.
Survey Says: U.S. Homebuyers, Especially Gen Z, Want Walkable Neighborhoods
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Wall Street Suddenly Buying Fewer Single-Family Homes
Rising interest rates are having a major effect in the housing market—including on the large institutional investors who spent much of the past couple of years buying up single-family homes.
Seattle Legalizes Co-Living
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NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
The City of Broken Sidewalks
Can Los Angeles fix 4,000 miles of broken sidewalks before the city hosts the 2028 Olympic Games?
Housing as a Climate Resilience Strategy
Ensuring that housing, including in informal settlements, is safe and healthy for its residents is a key tool in the fight to build more sustainable and equitable communities in the face of climate migration.
Southeast LA Road Safety Advocates Call for Improved Infrastructure
Streets in southeastern Los Angeles County have a severe lack of protected bike lanes and traffic safety measures, leading to high numbers of fatalities in a community where many residents depend on walking and biking for daily needs.
USDOT: Low-Income Households Bear Highest Transportation Cost Burden
Transportation costs are the second-highest household expenditure behind housing for all income levels.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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Alamo Area Metropolitan Planning Organization
Village of Glen Ellyn
HUDs Office of Policy Development and Research
CORP - COnsulting Research Projects
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners